Category Archives: Deals
Law firms eye up the IPO market
A survey of law firm partners commissioned by Harbour on post pandemic strategies revealed that:
- 31% of those surveyed said their firms are actively considering an IPO in the next 12-18 months
- 50% said the pandemic had presented new opportunities for their firm
- 80% felt their senior leadership team should embrace innovation to deliver growth
- Only 22% of respondents said their firms had ruled out credit facilities with third party funders over the next 12-18 month
US PE Investors to Buy UK Law Firm in the Coming Year
It’s predicted that several sizable UK law firms will find themselves in the hands of private equity investors in 2022. These investors will likely focus on large firms that are utilizing damages-based agreements (DBAs).
Hedge Funds Continue to Be Major Investors in Legal Funding
We already know that litigation funding is growing by leaps and bounds. This industry is a little over a decade old, and by 2019, had become a global industry worth nearly $40 billion. As the reach of funding grows, more businesses are learning the ways in which legal funding can monetize existing litigation assets while sharing risk.
GLS Capital to Launch Patent Licensing Subsidiary: Celerity IP
Legal funder GLS Capital has announced plans to finance a licensing and enforcement campaign for patents owned by Asustek Computer Inc. The patents are related to cellular networks—specifically 3G, 4G, and 5G tech.
Insights on the Transportation Sector
The transportation sector is notoriously litigious, complex, and vital to the global marketplace. The complexities of contracts, regulation, and the constant evolution of the industry can result in expensive disputes carrying high levels of risk. What’s more—these disputes are likely to be cross-border.
Talking IP at the 2021 LitFin Dealmakers Forum
This year’s LF Dealmakers Forum was a hybrid conference, combining in-person guests and speakers along with virtual ones. It was a balancing act between providing a normal and engaging experience, presenting high-quality content, and keeping pandemic safety rules firmly in mind.
LegalPay Closes Interim Financing Transaction with Yashomati Hospitals
India-based tech-focused startup LegalPay announced that the company has closed an interim finance transaction with Yashomati Hospitals Private Ltd—currently insolvent.
HFW Partners With LCM To Secure Singapore’s First Domestic Arbitration Funding
Global, sector-focused law firm HFW has partnered with Litigation Capital Management Limited (LCM) to secure the first funding for a domestic arbitration in Singapore, which is now permissible following changes in Singaporean regulations.
Nivalion expands in Latin America
Nivalion, Europe´s leading provider of legal finance solutions, announced today that it will acquire the portfolio and know-how of Carpentum Capital Ltd., a Swiss company that has been at the forefront of the development of litigation funding in Latin America, with lawyers on the ground in Argentina, Brazil and Chile.
Fortress Announces Integration of Vannin Capital into Fortress Legal Assets Business
Fortress Investment Group LLC (“Fortress”) today announced that following the acquisition of Vannin Capital by funds managed by Fortress in 2019, the operations of Vannin Capital are now being restructured into the Fortress Legal Assets business.
